for it. now the fiscal cliff talks are up in the air. nbc's mike viqueira is on capitol hill for us as we await the president. mike, what are we anticipating? >> reporter: we're anticipating the president is going to come out and talk about where negotiations stand at this point, and as far as we know, they're pretty much nowhere. we're sifting through the wreckage of what happened here in the house of representatives last night. i mean, a lot of people are looking at this and saying the president has doubled up on his victory on election day, his battlefield victory. he has routed the enemy, chased them into the woods, and what happened last night was a reckoning for the republican party. they are fractious by their own admission. john boehner cannot negotiate now. if he didn't have the votes for his plan "b" that set that income threshold at $1 million, there's no way in the world he gets anywhere close to the amount of votes he's going to need for the latest negotiating position for the president, which was up to $250,000 to $400,000 for married couples filing jointly. that's where we